FxWirePro: Scandis still appear rosy against mighty euro – Bid appealing risk reversals

Dec 18, 2017 12:26 pm UTC| Research & Analysis Insights & Views

The krone was hurt after the summer due to strong euro appreciation and a particularly dovish Riksbank communication. However, after testing and rejecting horizontal resistance at 10 in November 2016 and November 2017, the...

FxWirePro: Deploy NZD/JPY short hedge via DPS for risk-averse and naked delta for aggressive bears puts on topsy-turvy Japanese and Kiwis trade numbers

Dec 18, 2017 11:59 am UTC| Research & Analysis Insights & Views

NZDJPY has been oscillating between a range of 83.910 and 75.626 levels since mid-November 2016 and we foresee to continue the same range. Japan posted a JPY 113.4 billion trade surplus in November of 2017, following a...

FxWirePro: LATAM, EMEA EMFX valuations inch towards neutral, robust bond inflows and FX trade recommendations

Dec 18, 2017 08:59 am UTC| Research & Analysis Insights & Views

The EM markets appear subject to local idiosyncratic factors (some common local themes include favorable current account/flow dynamics, FX valuations, and potential central bank tightening) and significant global risks. We...

FxWirePro: FxWirePro: Use shrinking IVs, bearish neutral RRs and upswings to optimize short legs in PRBS to hedge AUD/USD risks

Dec 18, 2017 06:34 am UTC| Research & Analysis Insights & Views Central Banks

The Aussie dollar is likely to fortify in the near term as the market raises the likelihood of RBA tightening in the near term. Moreover, the resumption of the US dollar downtrend should provide an additional shot in the...

FxWirePro: Banxico surprises with 25 bps hike - Gamma buys in MXN still lucrative

Dec 15, 2017 14:19 pm UTC| Research & Analysis Insights & Views Central Banks

Mexican central bank (Banxico) yesterday raised its key rate by 25bp to 7.25%, one central bank member has even voted in favour of a 50bp hike which has been slightly exaggerating. The policy statement underscored the...

FxWirePro: Speculation on soft or hard Brexit still lingers - Sterling and UK equity basket wary of UK divorce pact with EU

Dec 15, 2017 12:09 pm UTC| Research & Analysis Insights & Views

Almost three quarters after the UK began the Brexit proceedings, the terms of divorce majorly seem to be steady. The UK and the EU would now move on to negotiations for a transition period and future UK-EU trade. These...

FxWirePro: Chemistry between G10 central banks’ monetary policy season and their FX space on eve of Christmas

Dec 15, 2017 11:25 am UTC| Central Banks Research & Analysis Insights & Views

Weve woken up last morning unsurprised by the Fed decision and the market response; indeed, the policymakers median forecast is now fully aligned with our call that there would be three further hikes in 2018, followed by...